William F. Casey has been named treasurer of Residential Capital LLC, a subsidiary of GMAC Financial Services, effective April 2.Mr. Casey, 44, succeeds Louise M. Herrle, who has served as treasurer at GMAC ResCap since September 2004. Ms. Herrle, who will remain through May to assist with the transition, is leaving full-time corporate involvement to pursue personal interests, including active community work, the company said. For the past 18 months, Mr. Casey has been managing director and assistant treasurer of GMAC ResCap. Before joining GMAC ResCap, Mr. Casey was senior vice president and treasurer of GMAC Residential in Horsham, Pa., and held senior banking and treasury positions at Merrill Lynch, Union Bank of Switzerland, Smith Barney, and Mellon Bank.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
February 6 -
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
February 6 -
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
February 6 -
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




